Pay Range: $76,245.
00 - $101,795.
00
The Senior Treasury Support Analyst is responsible for providing support for all tasks involved in the successful accomplishment of operational and accounting activities related to the Bank’s Investment, Collateral and Funding Systems.
Maintains the Bank’s Federal Reserve Bank (FRB) account in a positive end-of-day balance and monitor that the account’s average balance remains within the established reserve requirements.
Monitors funding source availability and adequacy; determines daily fund availability and maintains and reviews correspondent bank relationships and balances.
Contributes to the development and maintenance of comprehensive schedules to provide information on the implementation of asset/liability objectives and portfolio strategies.
Processes, analyzes and prepares various investment and Asset/Liability reports.
Supports the process to ensure the proper, timely, and accurate recording of investment assets, borrowing liabilities, and maintenance of (Bank owned) securities as collateral for: retail, municipal, and Bank purposes.
Education and Experience:
BS or BA degree with major in Accounting, Finance, or Economics
Five or more years of Banking experience, with concentration in Accounting and/or Treasury/Investment operations
Skills and Abilities:
Attention to details is a must
Understanding of Federal Reserve requirement, accounting, securities and municipal customers, helpful
Accounting (debit/credits, balance sheet, income statement, etc.
)
Types of Investment Securities (Bonds, MBS, CMO’s, etc.
)
Bank Payment Mechanisms (Cash Letters, ACH, Wire transfers, etc.
)
In depth working knowledge of Excel and Word i.
e.
, Microsoft Office products
Tasks Performed:
35% Maintain and develop various analyses to review cost of funds to aid in determining daily mix of short term funding and measure impact of daily activity, so as to maintain the Bank’s Federal Reserve Bank FRB account at a positive end of day balance.
Review and measure optimal balances to be maintained at the FRB and correspondent banks in order to meet requirements, maximize earned interest and/or operational needs and fluctuations.
20% Monitoring and reconciling of cash flows primarily in the form of principal and interest payments.
The TPG system and information obtained from interactions with third-party correspondent bank representatives are used in the tracking and recording of these funds.
15% Maintain schedules and record transactions related to the Bank’s borrowings, Funding Projections, Brokered Certificates of Deposits, Municipal Letters of Credit Portfolio, and Commercial Loan SWAPs
10% Perform functions related to the support of municipal customer activities to include: monthly preparation of bond invoice notices, providing CD rate quotes for municipalities, and projecting and monitoring of NY State Aid payments.
10% Provide review and support for collateral and municipal billing statements.
5% Participate in the Treasury Division’s ongoing compliance efforts to include completion of: various account reconciliations, Regulation F and Correspondent Concentration Analysis, Sarbanes Oxley Compliance testing and reporting.
5% Other duties as assigned.
Physical Requirements:
Communicate effectively with internal and/or external customers
Stationary 75% of time or greater
Move Objects to Maximum 10 lbs
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